Description
Unique W Downtown Phoenix area 16 unit. Hard to beat price of $138,750/unit. 9 of the 16 units have recently been upgraded w/ new roofs. Seller financing at 50% LTV or discounted cash offers. New construction apartments across the street w/ many owner-occupants within a block. The complex consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7800 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. All separate electric/gas. Four water meters. Zoned R-3. Add units or split up the complex. Another option is assumable agency debt (3.87%; $1,155,000 balance; ’32 balloon). Long-term owner. Rents range from $1000-$1397.
Address
Open on Google Maps- Address 2102 W ADAMS Street
- City Phoenix
- State/county AZ
- Zip/Postal Code 85009
- Area CAPITOL ADDITION
- Country US
Details
Updated on December 18, 2024 at 4:05 pm- Property ID: 6749136
- Price: $2,220,000
- Garage Size: x x
- Year Built: 1921
- Property Type: Multiple Dwellings
- Property Status: Active
- MLS#: 6749136
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